Current Report · Items 1.01, 3.02, 9.01 · 8-K
Addentax Group Corp.
ATXGNASDAQEQUITYCurrent
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities
Item 1.01 Entry into a Material Definitive Agreement. On September 9, 2026, Addentax Group Corp. (the “Company”) entered into a private placement agreements (collectively, the “Private Placement Agreements”) with Mr.…
Recent company filings
- Entry into a Material Definitive Agreement · Unregistered Sales of Equity SecuritiesSep 30, 2026
- SCHEDULE 13G/A - filed by SEAH CHIA YEE regarding ADDENTAX GROUP CORP.Aug 20, 2026
- SCHEDULE 13D/A - filed by OR SHAN SHAN regarding ADDENTAX GROUP CORP.Aug 20, 2026
- SCHEDULE 13G - filed by PINNACLE PARTNERS INC. regarding ADDENTAX GROUP CORP.Aug 20, 2026
- SCHEDULE 13G - filed by HONG ZHIHAO regarding ADDENTAX GROUP CORP.Aug 20, 2026
Disclosure sections
Item 1.01Item 1.01 - Entry into Material Agreement
Item
1.01 Entry into a Material Definitive Agreement.
On
September 9, 2026, Addentax Group Corp. (the “Company”) entered into a private placement agreements (collectively, the “Private
Placement Agreements”) with Mr. Chan Chun Hong (the “Investors”), pursuant to which the Company agreed to issue and
sell an aggregate of 520,834 shares of its common stock, at a purchase price of $4.80 per share, for aggregate gross proceeds of approximately
$2.5 million (the “Private Placement”). The Company intends to use the net proceeds from the Private Placement for general
corporate purposes, including working capital and potential strategic investments.
The
Private Placement Agreements contain customary representations, warranties and covenants of the Company and the Investors. The closing
of the Private Placement is subject to the satisfaction or waiver of customary closing conditions set forth in the Private Placement
Agreements.
The
shares of common stock to be issued pursuant to the Private Placement Agreements are expected to be issued in reliance upon the exemption
from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) provided by Regulation
S promulgated thereunder. The shares have not been registered under the Securities Act and may not be offered or sold in the United States
absent registration or an applicable exemption from the registration requirements of the Securities Act.
The
foregoing description of the Private Placement Agreements does not purport to be complete and is qualified in its entirety by reference
to the Private Placement Agreements, copies of which are filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein
by reference.
Item 3.02Item 3.02 - Unregistered Sales of Equity
Item
3.02 Unregistered Sales of Equity Securities.
The
information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02. The shares of
common stock to be issued pursuant to the Private Placement Agreements are expected to be issued in reliance upon the exemption from
the registration requirements of the Securities Act provided by Regulation S promulgated thereunder. The Investors are not “U.S.
persons” (as defined in Regulation S), and the issuance of the shares is expected to occur in an offshore transaction in accordance
with Regulation S.
The
shares, when issued, will bear customary restrictive legends under the Securities Act.